Nova Stock Current Valuation
| NVMI Stock | USD 170.12 5.87 3.34% |
Valuation analysis of Nova helps investors to measure Nova's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. The Nova's current Enterprise Value Over EBITDA is estimated to increase to 30.17. The Nova's current Enterprise Value Multiple is estimated to increase to 30.17. Fundamental drivers impacting Nova's valuation include:
Price Book 6.5898 | Enterprise Value 4.7 B | Enterprise Value Ebitda 27.5736 | Price Sales 9.5522 | Forward PE 27.1003 |
Overvalued
Today
Please note that Nova's price fluctuation is very steady at this time. Calculation of the real value of Nova is based on 3 months time horizon. Increasing Nova's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Nova is useful when determining the fair value of the Nova stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Nova. Since Nova is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nova Stock. However, Nova's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 170.12 | Real 166.57 | Target 132.0 | Hype 175.47 |
The real value of Nova Stock, also known as its intrinsic value, is the underlying worth of Nova Company, which is reflected in its stock price. It is based on Nova's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Nova's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nova's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nova helps investors to forecast how Nova stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nova more accurately as focusing exclusively on Nova's fundamentals will not take into account other important factors: Nova Company Current Valuation Analysis
Nova's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Nova Current Valuation | 4.75 B |
Most of Nova's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nova is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nova Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Nova is extremely important. It helps to project a fair market value of Nova Stock properly, considering its historical fundamentals such as Current Valuation. Since Nova's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nova's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nova's interrelated accounts and indicators.
Click cells to compare fundamentals
Nova Current Valuation Historical Pattern
Today, most investors in Nova Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nova's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Nova current valuation as a starting point in their analysis.
Nova Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Nova has a Current Valuation of 4.75 B. This is 75.42% lower than that of the Semiconductors & Semiconductor Equipment sector and 48.46% lower than that of the Information Technology industry. The current valuation for all United States stocks is 71.44% higher than that of the company.
Nova Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nova's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nova could also be used in its relative valuation, which is a method of valuing Nova by comparing valuation metrics of similar companies.Nova is currently under evaluation in current valuation category among related companies.
Nova Current Valuation Drivers
We derive many important indicators used in calculating different scores of Nova from analyzing Nova's financial statements. These drivers represent accounts that assess Nova's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nova's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 638.4M | 1.1B | 2.0B | 2.3B | 4.0B | 4.2B | |
| Enterprise Value | 615.5M | 1.1B | 2.0B | 2.5B | 4.1B | 4.3B |
Nova Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0781 | ||||
| Profit Margin | 0.26 % | ||||
| Operating Margin | 0.25 % | ||||
| Current Valuation | 4.75 B | ||||
| Shares Outstanding | 29.02 M | ||||
| Shares Owned By Insiders | 0.01 % | ||||
| Shares Owned By Institutions | 77.72 % | ||||
| Number Of Shares Shorted | 1.19 M | ||||
| Price To Earning | 51.86 X | ||||
| Price To Book | 6.59 X | ||||
| Price To Sales | 9.55 X | ||||
| Revenue | 517.92 M | ||||
| Gross Profit | 316.97 M | ||||
| EBITDA | 142.61 M | ||||
| Net Income | 136.31 M | ||||
| Cash And Equivalents | 364.31 M | ||||
| Cash Per Share | 12.70 X | ||||
| Total Debt | 244.14 M | ||||
| Debt To Equity | 0.47 % | ||||
| Current Ratio | 4.98 X | ||||
| Book Value Per Share | 25.88 X | ||||
| Cash Flow From Operations | 126.75 M | ||||
| Short Ratio | 6.38 X | ||||
| Earnings Per Share | 4.28 X | ||||
| Target Price | 176.6 | ||||
| Number Of Employees | 1.2 K | ||||
| Beta | 1.4 | ||||
| Market Capitalization | 5.11 B | ||||
| Total Asset | 1.13 B | ||||
| Retained Earnings | 614.38 M | ||||
| Working Capital | 387.41 M | ||||
| Current Asset | 149.98 M | ||||
| Current Liabilities | 37.16 M | ||||
| Net Asset | 1.13 B |
About Nova Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nova's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nova using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nova based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Nova Investors Sentiment
The influence of Nova's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nova. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Nova's public news can be used to forecast risks associated with an investment in Nova. The trend in average sentiment can be used to explain how an investor holding Nova can time the market purely based on public headlines and social activities around Nova. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nova's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nova's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Nova's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Nova.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nova in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nova's short interest history, or implied volatility extrapolated from Nova options trading.
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Try AI Portfolio ArchitectCheck out Nova Piotroski F Score and Nova Altman Z Score analysis. For more detail on how to invest in Nova Stock please use our How to Invest in Nova guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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When running Nova's price analysis, check to measure Nova's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nova is operating at the current time. Most of Nova's value examination focuses on studying past and present price action to predict the probability of Nova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova's price. Additionally, you may evaluate how the addition of Nova to your portfolios can decrease your overall portfolio volatility.
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Is Nova's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nova. If investors know Nova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.043 | Earnings Share 4.28 | Revenue Per Share 17.966 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0781 |
The market value of Nova is measured differently than its book value, which is the value of Nova that is recorded on the company's balance sheet. Investors also form their own opinion of Nova's value that differs from its market value or its book value, called intrinsic value, which is Nova's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nova's market value can be influenced by many factors that don't directly affect Nova's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nova's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.